X0201 5 2003-12-31 0 0 0 0000054381 KAMAN CORP KAMNA 0001215979 LUBENSTEIN JOSEPH H 108 MILLINGTON ROAD EAST HADDAM CT 06423 0 1 0 0 President, Kaman Aerospace Cor Kaman Class A Common 35200 D Stock Options (Right to buy) Kaman Class A Common 54000 54000 D Stock Appreciation Rights (SAR) Kaman Class A Common 101000 101000 D All options and Stock Appreciation Rights are issued under the Corporation's 16b-3 qualified Stock Incentive Plan, including options issued under predecessor plan. The Plans include a feature which permits the exercise price for an option to be paid by withholding a portion of the shares otherwise issuable upon exercise. Prices vary from $14.50 to $16.2750. Exercisable at the rate of 20% per year, beginning one year after grant date; expires ten (10) years after grant. Prices vary from $9.90 to $16.2750. Joseph H. Lubenstein 2004-02-10